Section 500. NOx Allowance Tracking System accounts

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Article 6. NO_X Allowance Tracking System

A. Consistent with 9VAC5-140-510 A, the administrator will establish one compliance account for each NO_x Budget unit and one overdraft account for each source with two or more NO_x Budget units. Allocations of NO_x allowances pursuant to Article 5 (9VAC5-140-400 et seq.) of this part or 9VAC5-140-880 and deductions or transfers of NO_x allowances pursuant to 9VAC5-140-310, 9VAC5-140-540, 9VAC5-140-560, Article 7 (9VAC5-140-600 et seq.) of this part, or Article 9 (9VAC5-140-800 et seq.) of this part will be recorded in the compliance accounts or overdraft accounts in accordance with this article.

B. Consistent with 9VAC5-140-510 B, the administrator will establish, upon request, a general account for any person. Transfers of allowances pursuant to Article 7 (9VAC5-140-600 et seq.) of this part will be recorded in the general account in accordance with this article.

Historical Notes

Derived from Volume 18, Issue 20, eff. July 17, 2002.

Statutory Authority

§§ 10.1-1308 and 10.1-1322.3 of the Code of Virginia.

                    
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